My yard used to have a nice way of paying , They had a price and the price was fixed day after day even weeks .The spot market could go up and down but price was stable. But if spot stayed low to long then the yard responded. as prices went up there was a week delay till prices went up. Now my yard has a new price sheet each day & price seems to reflect the market for each day. Copper was 2.35 next day was 2.58 day after that 2.39 All metals seem to have this new pay out . Not sure if this is a good thing .
I wonder if the owner of the yard got stuck with certain metals bought to high ? Only thing nice is now you know the price each day ,before they looked so annoyed to tell price each day (as often it never changed)
Now It's time for me to study the market trends & figure there spread .
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